UK Infrastructure Bank's Banking Systems 2022

Tender description

The UK Infrastructure Bank ('UKIB') is the new, government-owned policy bank, focused on increasing infrastructure investment across the United Kingdom. UKIB will partner with the private sector and local government to finance a green industrial revolution and drive growth across the country. UKIB launched in interim form in June 2021 and requires a Banking System in order to be fully operational. The next step in sourcing that system consists of engaging with suppliers through this Prior Information Notice (PIN) for Early Market Engagement (EME) Lot 1: UKIB is planning to procure a Banking System solution that could support UKIB’s end-to-end banking process across loan origination, portfolio management, risk and compliance, treasury, and finance, including but not limited to specialised banking systems, non-specialist platforms and managed services. UKIB intends to conduct Early Market Engagement (EME) with the market through this prior information notice (PIN) with a view to gaining a better understanding of the technological possibilities and developments within the Banking System space and the business structures that could support those Banking Systems. UKIB also wants to explore with suppliers what type of solution may be most suitable for UKIB’s overall requirements such as Software Licenses and Hosting; Life-time support including support of all set-ups, configuration, tailoring, proposed customisations, and integrations implemented to meet UKIB requirements; implementation, including design, build, testing, training, change management, data migration and integration; and ongoing upgrades. Early Market Engagement (EME) will be initially conducted by response to this PIN. UKIB will in the first instance issue an Early Market Engagement Briefing and Q&A for interested parties to complete. Respondents can indicate within the questionnaire if they are open to a follow up meeting. UKIB reserves the right to have a limited number of meetings with a reasonable sample of Suppliers (in the limited time available) in response to the answers to the Early Market Engagement Briefing and Q&A to make sure it has adequately assessed the market while not being unduly burdened administratively. Respondents should note that UKIB has appointed a third-party external adviser to assist with the EME (Early Market Engagement) exercise for Banking Systems, including conducting any follow-up meetings. Interested suppliers should respond ASAP to the email address set out at section I.1 above stating that they are interested in participating in the EME exercise. UKIB will then issue interested suppliers with Early Market Engagement Briefing and Q&A. Suppliers should submit their response no later than 15:00 pm (BST) 19th April 2022 to allow UKIB to carry out its market engagement in a timely fashion. Responses provided after this date may not be considered.